State Street reappointed by Rest to provide custodial services
State Street Corporation has been reappointed by industry fund for retail workers, Rest, to provide custodial services.
Capital Group appoints new Head of Fixed Income Business Development for Europe and Asia
Capital Group has appointed Scott Steele as head of fixed income business development for Europe and Asia.
Kaplan Professional and BlackRock launch industry-first ETF short course
Kaplan Professional and BlackRock have launched an industry-first ETF short course.
FPA/AFA merger vote to be conducted next February
Voting on the merger between the Financial Planning Association and the Association of Financial Advisers has been confirmed for February 2023.
Private debt offers attractive returns but allocation constrained by performance test
Private debt can provide investors with attractive returns and a natural hedge against rising interest rates. However, the Your Future, Your Super performance test imposes constraints on super funds’ allocation to this asset class due to tracking error.
Westpac results offer no update on Panorama sale
The much-anticipated next destination for BT Panorama will continue to remain a mystery with Westpac’s full year results offering no update on the sale of the platform business.
Assessment of retirement income strategies essential next step
While the Retirement Income Covenant sets the broad direction, developing a quality assessment framework is the essential next step on the journey to improving retirement outcomes.
Australia’s top companies fail to limit 1.5C warming: ACSI
Research from ACSI shows corporate Australia is not on target to help limit global warming to 1.5C by 2050.
Members of the life insurance industry back a new peak body
Members of the Australian life insurance industry have backed the new peak body, the Council of Australian Life Insurers (CALI).
ISPT, HESTA & UniSuper co-invest into $600m UNSW Health Translation Hub
Property fund manager ISPT, super funds HESTA and UniSuper, and infrastructure investor and developer Plenary have partnered with the University of New South Wales (UNSW) to develop a $600 million Health Translation Hub (HTH) at Randwick’s health innovation precinct.
Apostle Funds Management appoints new partner
Apostle Funds Management (AFM) has appointed Luke Donovan as partner, global carbon markets.
APRA places further licence conditions on Insignia super trustees
APRA has imposed additional license conditions on several Insignia Financial superannuation trustees.
